Ratan
Tata Biography

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Ratan
Tata Biography (Ratan Naval Tata) :
Tata Group Chairman Famous for :
Being a wealthy billionaire Indian businessman
and chairman of the Tata Group, one of
the largest conglomerate companies in
India. Tata details
: Born - 28th of December,
1937 Mumbai, India / Lives India

Ratan
Tata
became the Chairman of the Tata Group
in 1981 after serving as Chairman in charge
of the Nelco division of the group. Tata
is India's largest conglomerate and includes
the brands Tata Motors, Tata Steel, Tata
Power, Indian Hotels, as well as other
brands labeled under the Tata name.

Ratan
Tata was born on December 28, 1937 in
Mumbai, India in one of the richest families
in the country. His great grandfather,
Jamsedji Tata, was the founder of the
Tata group and passed the power and inheritance
down to his family. Ratan Tata grew up
in a broken household, however, after
his parents split in the mid-1940s and
he and his brother were raised by their
grandmother, Lady Navajbai.

Tata
was a good student and studied hard at
the Campion School in Mumbai followed
by studies in architecture and structural
engineering at Cornell University. He
graduated with his bachelors degree in
1962 and joined the Tata Group in December
of that same year. Tata's first job with
the Group involved working with the Tata
Steel division where he worked with the
blue-collar employees shoveling stone
and working with the furnaces.

Although
this original job was physically difficult,
it helped Ratan Tata gain a better understanding
and appreciation for the business and
he gradually began taking on more responsibility.
In 1971, Tata became Director-in-Charge
of the National Radio & Electronics
Company Limited (Nelco) in order to help
its struggling finances. Ratan Tata helped
build a better consumer electronics division
but the economic recession and union strikes
prevented his vision from taking hold.

Tata
was eventually moved to Empress Mills
in 1977, a struggling textile mill within
the Tata Group. Ratan Tata renewed the
vision for the mill but the larger Tata
Group was not in agreement with his advice.
Instead, the mill was shut down and liquidated
in 1986, to Tata's disappointment, and
he was moved to the Tata Industries, another
holding company.

With
Tata Industries, Ratan Tata was able to
transform the management and vision of
the division and bring in significantly
larger dividends. This renewed financial
success helped bring the Tata Group to
the New York Stock Exchange and gave the
company even more international power
and prestige. Ratan Tata continued to
acquire different industries for the Tata
Group, eventually purchasing the steel
an aluminum producer, Corus Group as well
as Jaguar and Land Rover brands from the
Ford Company.

One
hundred years from now, I expect the Tatas
to be much bigger than it is now. More
importantly, I hope the Group comes to
be regarded as being the best in India..
best in the manner in which we operate,
best in the products we deliver, and best
in our value systems and ethics. Having
said that, I hope that a hundred years
from now we will spread our wings far
beyond India.Ratan
Tata - India
- Best
- Products
- Ethics
- Growth
- Inspirational

I am proud of my country. But we need
to unite to make a unified India, free
of communalism and casteism. We need to
build India into a land of equal opportunity
for all. We can be a truly great nation
if we set our sights high and deliver
to the people the fruits of continued
growth, prosperity and equal opportunity.Ratan
Tata - India
- Growth
- Proud
- Opportunity
- Great
- Wealth